SoftBank-backed logistics startup Delhivery valued at $4.9b in India debut

SoftBank-backed logistics startup Delhivery valued at $4.9b in India debut

Visual from Delhivery website

Shares of Delhivery, an Indian logistics startup backed by SoftBank Group, rose as much as 7.6% in their market debut on Tuesday, giving the company a valuation of 379.60 billion rupees ($4.89 billion).